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U.S. Industrial Machinery Industry Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies131
  • 7D1.7%
  • 3M-1.8%
  • 1Y37.1%
  • YTDn/a

The Industrial Machinery industry is up 1.7% in the last week, with Parker-Hannifin up 2.2%. This takes the industry's 12 month performance to a gain of 37%. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the U.S. Industrial Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026US$622.4bUS$184.3bUS$19.0b27.7x32.7x3.4x
Tue, 03 Mar 2026US$686.6bUS$182.6bUS$19.0b30.2x36.2x3.8x
Thu, 29 Jan 2026US$652.0bUS$185.3bUS$18.9b29.1x34.5x3.5x
Sat, 27 Dec 2025US$624.6bUS$185.2bUS$18.9b27.8x33.1x3.4x
Mon, 24 Nov 2025US$593.3bUS$185.0bUS$18.8b27.1x31.5x3.2x
Wed, 22 Oct 2025US$594.2bUS$182.3bUS$19.5b26.7x30.5x3.3x
Fri, 19 Sep 2025US$579.2bUS$182.1bUS$19.4b26.3x29.9x3.2x
Sun, 17 Aug 2025US$575.5bUS$181.9bUS$19.3b26x29.8x3.2x
Tue, 15 Jul 2025US$573.7bUS$180.5bUS$19.0b26.9x30.1x3.2x
Thu, 12 Jun 2025US$548.1bUS$180.5bUS$19.0b26x28.9x3x
Sat, 10 May 2025US$522.4bUS$180.5bUS$19.2b24.3x27.2x2.9x
Mon, 07 Apr 2025US$457.8bUS$180.4bUS$19.5b21.4x23.4x2.5x
Wed, 05 Mar 2025US$548.1bUS$180.6bUS$18.8b25.1x29.1x3x
Fri, 31 Jan 2025US$565.7bUS$178.6bUS$18.2b27.2x31x3.2x
Sun, 29 Dec 2024US$547.6bUS$181.3bUS$18.1b26.3x30.3x3x
Tue, 26 Nov 2024US$585.0bUS$181.2bUS$18.2b29.2x32.1x3.2x
Thu, 24 Oct 2024US$553.9bUS$180.7bUS$17.5b26.7x31.7x3.1x
Sat, 21 Sep 2024US$550.5bUS$180.4bUS$17.4b25.8x31.6x3.1x
Mon, 19 Aug 2024US$517.1bUS$180.4bUS$17.2b25.4x30.1x2.9x
Wed, 17 Jul 2024US$534.3bUS$179.1bUS$17.3b27.6x30.8x3x
Fri, 14 Jun 2024US$518.2bUS$179.1bUS$17.3b25.3x29.9x2.9x
Sun, 12 May 2024US$545.1bUS$179.4bUS$17.3b26.6x31.4x3x
Tue, 09 Apr 2024US$552.1bUS$178.1bUS$16.3b26.5x34x3.1x
Thu, 07 Mar 2024US$529.0bUS$178.2bUS$16.3b26.5x32.5x3x
Sat, 03 Feb 2024US$531.5bUS$183.0bUS$16.4b24.9x32.5x2.9x
Mon, 01 Jan 2024US$522.7bUS$183.7bUS$16.6b25x31.5x2.8x
Wed, 29 Nov 2023US$485.0bUS$183.8bUS$16.5b22.7x29.3x2.6x
Fri, 27 Oct 2023US$432.9bUS$181.5bUS$15.5b20.4x27.8x2.4x
Sun, 24 Sep 2023US$452.3bUS$181.1bUS$15.2b21.5x29.8x2.5x
Tue, 22 Aug 2023US$468.5bUS$181.3bUS$15.2b22.3x30.8x2.6x
Thu, 20 Jul 2023US$504.9bUS$178.1bUS$14.5b24.9x34.9x2.8x
Sat, 17 Jun 2023US$477.9bUS$179.4bUS$14.7b24x32.5x2.7x
Mon, 15 May 2023US$426.8bUS$179.2bUS$14.7b21.1x29.1x2.4x
Wed, 12 Apr 2023US$426.0bUS$176.3bUS$14.4b22.3x29.5x2.4x
Price to Earnings Ratio

29.5x


Total Market Cap: US$426.0bTotal Earnings: US$14.4bTotal Revenue: US$176.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Industrial Machinery Industry Price to Earnings3Y Average 30.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the American Industrial Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 30.9x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Industrial Machinery industry have grown 9.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does U.S. Industrial Machinery compare with similar industries?

US Market3.46%
Industrials2.97%
Machinery2.47%
Industrial Machinery1.68%
Construction Machinery and Vehicles3.76%
Agricultural Machinery1.29%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PH Parker-HannifinUS$908.062.2%
+US$2.5b		75.6%PE32.4x
XYL XylemUS$121.263.2%
+US$902.1m		15.9%PE30.8x
OTIS Otis WorldwideUS$77.862.5%
+US$742.5m		-18.0%PE21.9x
ITT ITTUS$193.204.6%
+US$731.9m		71.3%PE34x
FTV FortiveUS$56.084.0%
+US$665.0m		-12.6%PE32.4x

Latest News

PH
US$908.06
Parker-Hannifin
7D
2.2%
1Y
75.6%

PH: Buybacks And 2026 Guidance Will Support A Constructive Long Term View

Analysts have made a small downward adjustment to the Parker Hannifin price target, trimming it by less than $1 to reflect slightly updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News Parker-Hannifin reported a buyback tranche update, repurchasing 92,199 shares, representing 0.07%, for US$75 million between October 1, 2025 and December 31, 2025, as part of the program announced on October 22, 2014 (Key Developments).
FLS
US$75.24
Flowserve
7D
4.3%
1Y
87.8%
FTV
US$56.08
Fortive
7D
4.0%
1Y
-12.6%
TAYD
US$57.47
Taylor Devices
7D
-23.2%
1Y
83.3%
KAI
US$286.60
Kadant
7D
-1.4%
1Y
-6.2%
LECO
US$243.67
Lincoln Electric Holdings
7D
-1.7%
1Y
41.7%
ESAB
US$98.37
ESAB
7D
7.4%
1Y
-8.2%
IR
US$77.91
Ingersoll Rand
7D
-1.9%
1Y
11.8%

IR: Share Repurchases And Premium P/E Will Drive Attractive Future Returns

Analysts have lowered their price target for Ingersoll Rand by about $0.80 to reflect slightly updated inputs on fair value, discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Ingersoll Rand issued earnings guidance for full year 2026, with expected revenue growth in a range of 2.5% to 4.5% (Key Developments).
SWK
US$68.64
Stanley Black & Decker
7D
-0.3%
1Y
9.2%

SWK: Future Returns Will Reflect Flat Sales And Slightly Softer Margins

Analysts have trimmed their price target on Stanley Black & Decker from $69.00 to $65.00, citing updated assumptions for more muted revenue growth, slightly lower profit margin expectations, a revised discount rate, and a modestly higher future P/E multiple. What's in the News From September 28, 2025 to February 24, 2026, Stanley Black & Decker reported no share repurchases under its existing buyback authorization, with 0 shares acquired for $0 million.
SPXC
US$197.29
SPX Technologies
7D
-1.4%
1Y
61.3%
OTIS
US$77.86
Otis Worldwide
7D
2.5%
1Y
-18.0%

OTIS: Service And Modernization Wins Will Support Bullish Post Q4 Outlook

Analysts have trimmed the Otis Worldwide fair value estimate by about $0.80 to $101.64, reflecting recent target cuts from firms lowering their elevator sector expectations, alongside mixed views on the stock after Q4 results and new coverage initiation. Analyst Commentary Recent research highlights a split in how analysts view Otis Worldwide, with some focusing on long term opportunities and others zeroing in on nearer term execution risks and valuation pressure.
XYL
US$121.26
Xylem
7D
3.2%
1Y
15.9%
ITW
US$258.21
Illinois Tool Works
7D
-0.3%
1Y
14.5%
DOV
US$205.38
Dover
7D
-0.6%
1Y
33.8%

DOV: Short Cycle Recovery And 2026 Guidance Will Drive Balanced Outlook

Narrative Update on Dover The analyst price target for Dover has been adjusted by about $1 to align with a slightly higher fair value estimate of $231.71. This change reflects analysts' updated views on organic growth, margin potential, and short cycle recovery trends cited in recent research.
ITT
US$193.20
ITT
7D
4.6%
1Y
71.3%

ITT: SPX Integration Execution And Higher Leverage Will Shape Future Earnings Quality

The analyst price target for ITT edges down slightly from $233.0 to $231.7, as analysts weigh a higher revenue growth outlook against lower margin assumptions, tempering expectations while still recognizing the company as a premium earnings compounder with acquisition constraints from higher leverage. Analyst Commentary Recent research suggests that ITT is viewed as a quality earnings story with room for execution, but with some clear constraints and expectations that investors should weigh carefully.
RBC
US$548.11
RBC Bearings
7D
3.0%
1Y
77.5%

RBC: Q4 Sales Guidance Will Support Bullish Long Term Prospects

Analysts have kept their price target for RBC Bearings steady around $609, reflecting largely unchanged views on long term growth, margins, discount rate, and future P/E assumptions. What's in the News The company reported that, between September 28, 2025 and December 27, 2025, it repurchased 0 shares for $0 under its existing buyback tranche, while confirming that, since the program announced on May 23, 2019, it has repurchased 240,006 shares for $48.3 million, representing 0.9% of shares (Key Developments).